Office - Jacksonville
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Jacksonville Office Campus Commands $52M
A joint venture between Somerset Properties and Ten Capital Management acquired the three-building business park. CBRE assisted the seller in the transaction.
15 July 2019 13:18 -
Cushman & Wakefield Brokers $36M Business Park Sale in Jacksonville
Senior Director Karl Johnston of the company’s Capital Markets Group, along with leasing representative Senior Vice President Mark Scott of Foundry Commercial, arranged the deal on behalf of the seller.
19 June 2019 06:57 -
Starwood REIT Buys Jacksonville Office Portfolio for $231M
In a joint venture with affiliates of Vanderbilt Office Properties and Trinity Capital Advisors, the non-traded REIT acquired a 1.3 million-square-foot collection of Class A properties in Deerwood Park.
28 May 2019 11:14 -
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
12 September 2018 13:03 -
Jacksonville’s Office Market Is Coming Into Its Own
Michael Loftin, executive vice president with JLL, discussed how far Jacksonville’s office sector has come since the Great Recession and named the main factors behind its growth.
07 September 2018 15:22 -
Downtown Jacksonville Office Trades for $59M
The 23-story building—to be rebranded as VyStar Tower—recently underwent an expansive renovation program that included the addition of a fitness center and tenant lounge.
01 August 2018 15:47 -
Jacksonville CBD Office Tower Fetches $25M
The 18-story building underwent an expansive improvement program under the management of LNR Partners. The special servicer sold the asset with the help of Ten-X.
27 July 2018 19:20 -
Hines Trades Florida Office Property
The new owner will use the office building, formerly a residential sales office for a 1,450-acre master-planned community, as its regional headquarters.
07 May 2018 16:04 -
Office Evolution Coming to Jacksonville
The coworking franchise aims to open its new office in May and revealed plans for five future locations in the Jacksonville metro area.
07 March 2018 20:17 -
McKesson Signs for North FL Office Building
The 125,000-square-foot property, part of Hines’ 105-acre Southside Quarter development, is scheduled to break ground this year and is anticipated to be ready for the tenant to move in next summer.
01 February 2018 16:06 -
One Enterprise Center Commands $15M
The LEED Silver certified asset was 51 percent leased at the time of the sale. Transwestern’s John Bell worked on behalf of the seller in the negotiations.
03 July 2017 15:50 -
Jacksonville Office Asset Lands $19M Refi
HFF secured the loan on behalf of the owner, Taurus Investment Holdings LLC. The property is part of Deerwood Park, the largest full-service campus in Jacksonville, Fla.
15 June 2017 17:38 -
Jacksonville Office Asset Trades in $23M Deal
CCP Commercial Real Estate purchased the property from DRA Advisors. The transaction benefitted from a $17.8 acquisition financing originated by NTX Capital LLC.
06 June 2017 15:28 -
Downtown Jacksonville Tower Trades for $53M
In the past two years, the occupancy of the office high-rise increased by 22 percent and its market value by $24.4 million.
12 December 2016 14:55 -
Avison Young to Market 675 KSF Office Park in Florida
VanTrust Real Estate of Kansas City is building a massive development along Nocatee Parkway that will bring much-needed office space to Jacksonville.
12 December 2016 13:16